Challenges and Solutions in Scaling Operations Globally: A Guide for U.S. Food and BeverageExecutives
Year: 2024
Type: article
Abstract: —This paper explores the challenges and solutions associated with scaling operations globally in the food and beverage sector from a U.S. executive’s perspective. It examines why expanding internationally makes sense for companies with successful domestic products, highlighting the advantages of U.S. innovation and lower costs of innovation compared to local markets abroad. The paper outlines a strategic roadmap for global expansion, including test markets, partnerships with local firms, and focusing on countries with positive sentiments toward U.S. food safety standards. A hypothetical case study illustrates the growth process, emphasizing the need for internal buy-in, patience, and a long-term view. Potential pitfalls and strategies for success are discussed, along with competitive analysis and the role of disruption in scaling products. Index Terms—Global Expansion, Food and Beverage Industry, Consumer Packaged Goods (CPG), International Operations, U.S. Innovation, Market Entry Strategy, Competitive Analysis, Disruption
DOI: 10.55041/ijsrem37211
Author: Mohan Valluri
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4403551273